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Student query: Project Management
Why might a project schedule need to be compressed? What are some of the ramifications of compressing a schedule?
Explain a situation in a organization where consensus building was used. How successful was it?
Give an example of where you think consensus building could be used.
Describe a situation where you could see using the Incremental Project Management Life Cycle.
what would be some of the ramifications if the PM did not monitor and control the project?
Your task is to research and find appropriate tools for the clients listed above, developing a review of potential technologies that may be appropriate for each industry area and client in particular.
Would you plan at the top level of the WBS or the lower levels of the WBS and what would be the difference? Would you develop contingency plans at the work package level?
How sensitive is Operating Cash Flow (OCF)to changes in quantity sold? State your answer in terms of a dollar amount change (increase or decrease) in OCF for every additional unit sold.
What would you consider the attributes of high-performing project teams?
You are welcome to survey the literature on a business-related topic of interest.
Discuss the processes involved in determining and managing project budgets while explaining what points and pitfalls project managers should keep in mind when performing these functions.
How much flexibility do project managers typically exercise in situations like this?
What is the first step in the project management "cycle"?
Calculate the annual holding cost rate for FFF?
Explain how should a project manager respond to a change request from a sponsor that is clearly beyond the scope of the project?
In other words, does informed planning risk becoming bogged down by considering too many sourcers or stakeholders?
What should be your competitive priorities and what capabilities do you want to develop in your own core and support processes?
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